Back to business. Pr Release today.
"STERLING, Va., Jan. 14 /PRNewswire/ -- Star Technologies, Inc.
(Nasdaq: STRR) today announced that its subsidiary Curran Data Technologies,Inc. (CDT) of Indianapolis, IN, has been awarded a two-year contract by TheIndiana Department of Revenue to process state income tax returns. The contract, which covers the 1997 and 1998 tax years, is valued at up to$2 million.
Over the life of the contract, CDT will process more than 2.3 million
individual tax returns, providing data entry and verification services, as well as electronic submission to the state.
"This is the 11th consecutive year that CDT has been selected as an
outsourcing bureau for this prestigious award," said Robert C. Compton, Star Technologies President and CEO. "We believe CDT has sustained this valuable relationship with the state of Indiana through its commitment to quality, service and customer satisfaction." In addition to individual tax return processing, CDT has extensive experience in processing sales vouchers, quarterly tax returns, withholding tax vouchers, estimated tax vouchers, motor
carrier fuel tax receipts and delinquencies.
"Over the past decade, electronic imaging technologies have become increasingly more important in the state's ability to rapidly and accurately process income tax returns," said Carol Curran, President of Curran Data Technologies. "In the past several years, we've seen processing schedules accelerated. At CDT, our use of state-of-the-art data entry, image capture and communications technologies -- both domestically and offshore -- have
enabled CDT to deliver superior service on schedule."
CDT, Inc., a wholly owned subsidiary of Star Technologies, Inc., is based in Indianapolis, IN. CDT is a leading data entry services company, providing a wide range of domestic and offshore data entry/image capture services.
CDT's comprehensive services include: key from image, data entry, image assisted data entry and backfire conversion, forms processing and reject repair, automated data entry via OCR/ICR, document imaging, EDI, scanning and archival storage and retrieval and lock box remittance processing. Today, government organizations and corporations use CDT for a broad range of applications, including medical and insurance claims processing; property and casualty claims processing; federal and state tax forms processing; inventory
control processing; credit card processing; loan processing; and credit card, loan and mortgage applications.
Star Technologies is a rising player in the document imaging market. The company supplies high-quality, integrated, automated data capture imaging products and services. In addition to CDT's services, Star designs, develops
and supplies a complete line of document image capture and processing software
through its PowerScan subsidiary based in Potomac, MD. More than
500 government organizations and corporations use PowerScan's award-winning software, which includes the PowerScan(R) data capture and StageWorks(R) data processing software products. Star is headquartered at 515 Shaw Road, Sterling, VA, 20166. Telephone: 703-689-4400. Internet: star.com.
E-mail: starinfo@star.com.
The matters discussed in this news release may contain "forward-looking" information (as defined in Section 27A of the Securities Act of 1933, as amended) that involve risks and uncertainties. Actual future results and trends may differ materially depending upon a variety of factors, including but not limited to, the Company's ability to bring new products to market,
risks of early stages of product development including problems, delays, expenses and difficulties, some of which may be beyond the Company's control; risks associated with products being successfully developed or successfully marketed; product demand and market acceptance risks; technological difficulties; the impact of competitive products and pricing; and the market strength of the document imaging industry.
SOURCE Star Technologies, Inc.
CO: Star Technologies, Inc.; Curran Data Technologies Inc.; Indiana
Department of Revenue
ST: Virginia, Indiana
IN: CPR
SU: CON
01/14/98 07:01 EST prnewswire.com
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